Toyota Personalised Rate

Get an interest rate[F6] that’s true to you

Long gone are the days of one-size-fits-all car loans. With Toyota Finance, you can now use your credit score and other relevant criteria to secure an interest rate that's tailored to your unique circumstances.

We’re ready when you are

Toyota Access[F3] with Guaranteed Future Value

A Toyota Access car loan can get you behind the wheel of your new, eligible demo, or Toyota Certified Pre-Owned Vehicle, with lower monthly repayments[F9] and the certainty of a Guaranteed Future Value[F2]

FAQs

What is a Toyota Personalised Rate?

Essentially, it’s an interest rate that’s tailored to your financial circumstances. Instead of taking a one-size-fits-all approach, we use your credit score and other relevant criteria to calculate a rate that’s right for you. It doesn’t matter who you are or where in Australia you live, the same transparent and trusted process applies.

How do Toyota Personalised Rates work?

Using smart and sophisticated software, our dealers will calculate a rate based on your individual credit score and other criteria determined by us. No matter who you are or where in Australia you live, you can be sure of a transparent rate that’s tailored to your personal financial circumstances.

How does this affect me?

Toyota Finance is deeply committed to providing you with quality finance options that are tailored to your individual needs and circumstances. With Toyota’s Personalised Rates, you can be sure that you’re always getting a transparent interest rate for your loan.

Why is Toyota relying on software to calculate my rate?

Our goal is to give you a rate that’s transparent and tailored to your financial circumstances. The best way to do this is by handing over the brain power to a smart algorithm that’s designed to calculate your rate in seconds, based on your individual credit score and other financial criteria determined by us.

What is a credit score?

A credit score is a single number, usually between 300 and 850, that enables financial institutions to get a sense of your credit history and to work out whether you’re a viable person to lend money to.

Does everyone have a credit score?

If you’re over the age of 18 and have applied for credit, it’s likely that you’ll have a credit profile and credit score with a credit reporting body such as Equifax.

What can affect my credit score?

There are lots of things that can affect your credit score, including your payment history, how much credit you have available and how many active credit accounts you have.

To view your credit score, or find out how to improve it, head to Get Credit Score.

How can I improve my credit score?

If you’re not happy with your current credit score, these tips should help you give it a boost.

Check your score
Most credit reporting bodies will tell you where and how you need to improve.

Pay your bills on time
This is the single most effective way to improve your credit score.

Don’t borrow more than you can handle
There’s nothing more damaging than defaulting on your loan or credit cards.

Remember, even if you’ve signed up to one or more credit score websites, it’s still a good idea to request a free copy of your credit report each year. This will help you understand how your score has been calculated and to ensure your information is correct.

Why should I borrow from Toyota Financial Services rather than a bank?

Unlike banks and other financial institutions, we calculate your rate based on your credit score and other personal criteria determined by us. This means you can always be sure of a rate that’s transparent and tailored to you.

Is this the most competitive interest rate Toyota Finance can give me now?

Based on your credit score and other financial criteria, this is the only rate that Toyota Finance can offer you right now.

If my spouse had bad credit before we married, will that affect my credit score?

If you and your spouse hold a joint credit account, have co-signed a loan or have authorised use of one another’s credit facilities, your score could be affected.

To view your credit score, or find out how to improve it, head to Get Credit Score.

[F2] The Guaranteed Future Value (GFV) is the minimum value of your Toyota at the end of your finance contract, as determined by Toyota Finance. If you decide to return your car to Toyota at the end of your term, Toyota Finance will pay you the agreed GFV, which will be put against your final payment subject to fair wear and tear conditions and agreed kilometres being met. The information provided is general in nature. You should seek your own financial advice to determine whether Toyota Access is appropriate for your individual circumstances. Terms, conditions, fees and charges apply. Toyota Access GFV products are available to approved customers of Toyota Finance, a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536.

[F9]Lower monthly repayments compared to a similar term with no Guaranteed Future Value (GFV) or equivalent balloon final payment. Total interest charges will be higher if a GFV or balloon final payment is selected.